3M Stock Quote Today

MMM
 Stock
  

USD 108.57  2.55  2.29%   

Market Performance
0 of 100
Odds Of Distress
Less than 17
3M is selling for 108.57 as of the 7th of October 2022. This is a -2.29 percent decrease since the beginning of the trading day. The stock's lowest day price was 108.29. 3M has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for 3M Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of September 2022 and ending today, the 7th of October 2022. Click here to learn more.
3M Company operates as a diversified technology company worldwide. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. The company has 576.25 M outstanding shares of which 7.77 M shares are now shorted by investors with about 2.44 days to cover. More on 3M Company

Moving together with 3M

+0.77AAPLApple Inc Fiscal Year End 27th of October 2022 PairCorr
+0.61BLNKBlink Charging Normal TradingPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

3M Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. 3M's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 3M or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
3M Company generated a negative expected return over the last 90 days
About 68.0% of the company shares are owned by institutional investors
On 12th of September 2022 3M paid $ 1.49 per share dividend to its current shareholders
Latest headline from www.marketbeat.com: Barclays Cuts 3M Price Target to 130.00 - MarketBeat
ChairmanMichael Roman
Thematic Ideas
Showing 3 out of 5 themes
Average Analyst Recommendation
Analysts covering 3M report their recommendations after researching 3M's financial statements, talking to executives and customers, or listening in on 3M's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering 3M Company. The 3M consensus assessment is calculated by taking the average forecast from all of the analysts covering 3M.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of 3M's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
3M Company (MMM) is traded on New York Stock Exchange in USA and employs 95,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 64.03 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate 3M's market, we take the total number of its shares issued and multiply it by 3M's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. 3M Company runs under Industrials sector within Conglomerates industry. The entity has 576.25 M outstanding shares of which 7.77 M shares are now shorted by investors with about 2.44 days to cover. 3M Company has about 2.98 B in cash with 6.02 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.24.
Check 3M Probability Of Bankruptcy
Ownership
3M Company shows a total of 576.25 Million outstanding shares. Over half of 3M Company outstanding shares are owned by institutions. These institutions are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Hence, these institutions are subject to different rules and regulation than regular investors in 3M Company. Please watch out for any change in the institutional holdings of 3M Company as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check 3M Ownership Details

3M Stock Price Odds Analysis

Based on a normal probability distribution, the odds of 3M jumping above the current price in 90 days from now is over 95.47%. The 3M Company probability density function shows the probability of 3M stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0892. This indicates 3M Company market returns are highly reactive to returns on the market. As the market goes up or down, 3M is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. 3M Company is significantly underperforming DOW.
  Odds Below 108.57HorizonTargetOdds Above 108.57
4.50%90 days
 108.57 
95.47%
Based on a normal probability distribution, the odds of 3M to move above the current price in 90 days from now is over 95.47 (This 3M Company probability density function shows the probability of 3M Stock to fall within a particular range of prices over 90 days) .

3M Stock Institutional Holders

Institutional Holdings refers to the ownership stake in 3M that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of 3M's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing 3M's value.
InstituionSecurity TypeTotal SharesValue
Vanguard Group IncCommon Shares47.9 M6.2 B
Blackrock IncCommon Shares43 M5.6 B
View 3M Diagnostics

3M Company Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. 3M market risk premium is the additional return an investor will receive from holding 3M long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 3M. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although 3M's alpha and beta are two of the key measurements used to evaluate 3M's performance over the market, the standard measures of volatility play an important role as well.

3M Stock Against Markets

Picking the right benchmark for 3M stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in 3M stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for 3M is critical whether you are bullish or bearish towards 3M Company at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in 3M without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio File Import Now

   

Portfolio File Import

Quickly import all of your third-party portfolios from your local drive in csv format
All  Next Launch Module

3M Corporate Directors

3M corporate directors refer to members of a 3M board of directors. The board of directors generally takes responsibility for the 3M's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of 3M's board members must vote for the resolution. The 3M board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Vance Coffman - Independent DirectorProfile
Muhtar Kent - Independent DirectorProfile
Gregory Page - Independent DirectorProfile
Linda Alvarado - Independent DirectorProfile

Invested in 3M Company?

The danger of trading 3M Company is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of 3M is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than 3M. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile 3M Company is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for analysis

When running 3M Company price analysis, check to measure 3M's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Is 3M's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine 3M value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.